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Sep 24, 2010
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. >> the worst is probably behind us. the concern about a double dip is over and that now we should take advantage of the favorable seasonals in particular now that the mid term elections will soon be over. >> tom: the blue chips surge nearly 200 points, closing out a fourth straight week to the upside. you're watching "nightly business report" for friday, september 24. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. the bulls are back on wall street. tom, investors were enthusiastic on some encouraging economic news: orders in august for things like machinery and computers were stronger than expected. >> tom: susie, this is the fourth week in a row that the major stock averages were positive and in a big way. let's run down the numbers from today's action. the dow jumped almost 200 points. the
. >> the worst is probably behind us. the concern about a double dip is over and that now we should take advantage of the favorable seasonals in particular now that the mid term elections will soon be over. >> tom: the blue chips surge nearly 200 points, closing out a fourth straight week to the upside. you're watching "nightly business report" for friday, september 24. this is "nightly business report" with susie gharib and tom hudson. "nightly business...
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Sep 17, 2010
09/10
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so, silver is used around the world. so, as economic growth improves in places like india, china and the developing nations, that typically can be helpful for silver demand. >> reporter: the rally in metals has been so strong in recent days, some profit taking is expected. but analysts still see the outlook as positive over the months ahead. >> now that we've broken over these new highs, we have long positions on the comex, we certainly have big builds up in the e.t.f.'s, it's possible that we're going to see some profit- taking over the couple of months to come, but i think as we go into the elections we'll still see the pot boiling on gold right now. >> reporter: even at current levels, gold has a long way to go to reach its inflation- adjusted all-time high. that would be between $2,200 and $2,300 an ounce. scott gurvey, "nightly business report," new york. >> suzanne: setting up the new consumer financial protection bureau is a job that can't wait. that's what president obama said today, as he tapped elizabeth warren
so, silver is used around the world. so, as economic growth improves in places like india, china and the developing nations, that typically can be helpful for silver demand. >> reporter: the rally in metals has been so strong in recent days, some profit taking is expected. but analysts still see the outlook as positive over the months ahead. >> now that we've broken over these new highs, we have long positions on the comex, we certainly have big builds up in the e.t.f.'s, it's...
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Sep 21, 2010
09/10
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jeff yastine joins us. the federal reserve kept its key interest rate at zero, but said it's ready to take action to boost the economy when the time is right. that announcement came today as the fed wrapped up its policy meeting in washington. susie, one thing that stood out at this meeting is the fed is getting more worried about inflation. the problem is, inflation is too low, and below what the fed considers acceptable. >> susie: that could be the catalyst for the fed to pump more money into the economy. so what will the central bank do next? suzanne pratt reports. >> reporter: two more meetings. one two-day event in early november, the other in mid december. that's the window the fed has left this year to boost the economy. but, whether the central bank eases monetary policy in the next few months depends on what happens with the economy. and, fed watcher dana saporta says it's clear now that policymakers have linked their next move to inflation, or more specifically, the lack of it. >> i think the fed
jeff yastine joins us. the federal reserve kept its key interest rate at zero, but said it's ready to take action to boost the economy when the time is right. that announcement came today as the fed wrapped up its policy meeting in washington. susie, one thing that stood out at this meeting is the fed is getting more worried about inflation. the problem is, inflation is too low, and below what the fed considers acceptable. >> susie: that could be the catalyst for the fed to pump more...
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Sep 15, 2010
09/10
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you can outsource everything to us, and piece to us. we can integrate for you and provide you with the hardware and software to meet your needs. we can provide were you you with consumer insights, and your web capabilities and ecommerce capabilities. and i think, for the first time you're going to find some of these companies who haven't had very stiff competition, will go unnamed, will find h.p. at their doorstep. >> very good. i thank you. >> thank you. >> tom: here's what we're watching for tomorrow: quarterly results from fedex, oracle and research in motion, along with the producer price index for august. treasury secretary timothy geithner testifies to a senate committee on exchange rate policies. also tomorrow, going after gamers. retailer gamestop launches a new online strategy to fend off bigger competition in the brick- and-mortar world. >> suzanne: u.p.s. is making waves in the shipping industry. today, the delivery giant launched a new ocean freight service. the move highlights the importance u.p.s. is placing on internation
you can outsource everything to us, and piece to us. we can integrate for you and provide you with the hardware and software to meet your needs. we can provide were you you with consumer insights, and your web capabilities and ecommerce capabilities. and i think, for the first time you're going to find some of these companies who haven't had very stiff competition, will go unnamed, will find h.p. at their doorstep. >> very good. i thank you. >> thank you. >> tom: here's what...
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Sep 16, 2010
09/10
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we want to use that and use our associates to help drive us into the digital space. >> among the new titles he hopes will drive sales a familiar name to those older gamers, a new conkey kong game is due out before thanksgiving. >> susie: here's what we're watching for tomorrow: the consumer price index from august is released. our "market monitor" guest is elaine garzarelli, president of garzarelli capital. also tomorrow, household products tarn-x and c.l.r. are well-known brands. but did you know they're made by a small family business? we'll introduce you to the people behind jelmar in our "all in the family" series. mortgage rates inched higher for a second week in a row. freddie mac says the average rate on a 30-year fixed rate mortgage was 4.37%. while that's just off the historic low set two weeks ago, cheap borrowing costs haven't meant a boost in home sales. economists think that's because people are worried about job security and the bumpy recovery. >> tom: meanwhile, lenders took back more homes in august than any month since the mortgage crisis began. real estate data firm
we want to use that and use our associates to help drive us into the digital space. >> among the new titles he hopes will drive sales a familiar name to those older gamers, a new conkey kong game is due out before thanksgiving. >> susie: here's what we're watching for tomorrow: the consumer price index from august is released. our "market monitor" guest is elaine garzarelli, president of garzarelli capital. also tomorrow, household products tarn-x and c.l.r. are well-known...
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Sep 30, 2010
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joining us now with more on h-p is tom smith, equity analyst at standard and poor's. hi, tom. >> hi, thanks for having me. >> susie: so is leo apotheker the right person for this job. >> hp could have chosen from all across silicon valley and they chose him. he is a guy with some stormy tenure in his last days at hp but he knows software deeply as does ray lane and i think he can steer the company in a useful direction by taking them into software. >> susie: so actually that is interesting. both-of-these two new top executives have software expertise. do you think that means that hp is going to move more in that direction and away from hardware and services? >> well, i think so. i think they have recently built up the services through the eds acquisition and hardware through 3come, the palm, the three par acquisitions this area and some others. so i think they are really set up well in hardware to expand in a comprehensive data center offering. but you want hardware software and services and software where they are looking-- lacking in terms of what shows as a percent
joining us now with more on h-p is tom smith, equity analyst at standard and poor's. hi, tom. >> hi, thanks for having me. >> susie: so is leo apotheker the right person for this job. >> hp could have chosen from all across silicon valley and they chose him. he is a guy with some stormy tenure in his last days at hp but he knows software deeply as does ray lane and i think he can steer the company in a useful direction by taking them into software. >> susie: so actually...